PagerDuty (NYSE:PD) Hits New 52-Week Low – Time to Sell?

PagerDuty (NYSE:PD)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $7.27 and last traded at $7.2650, with a volume of 556798 shares changing hands. The stock had previously closed at $7.82.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. TD Cowen reiterated a “buy” rating on shares of PagerDuty in a research note on Wednesday, November 26th. Zacks Research lowered shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 26th. Craig Hallum cut PagerDuty from a “buy” rating to a “hold” rating and cut their price objective for the company from $20.00 to $15.00 in a research note on Wednesday, November 26th. Wall Street Zen upgraded PagerDuty from a “hold” rating to a “buy” rating in a report on Sunday, January 25th. Finally, Morgan Stanley decreased their price objective on shares of PagerDuty from $17.00 to $16.00 and set an “equal weight” rating for the company in a report on Wednesday, November 26th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $16.64.

PagerDuty Trading Down 9.5%

The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.23. The firm has a 50-day moving average price of $11.73 and a 200-day moving average price of $14.33. The company has a market capitalization of $649.34 million, a price-to-earnings ratio of 4.43, a PEG ratio of 1.96 and a beta of 0.66.

PagerDuty (NYSE:PD) last announced its earnings results on Tuesday, November 25th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.09. PagerDuty had a return on equity of 10.27% and a net margin of 31.12%.The company had revenue of $124.55 million for the quarter, compared to analyst estimates of $124.92 million. During the same period in the previous year, the firm earned $0.26 earnings per share. PagerDuty’s revenue for the quarter was up 4.7% compared to the same quarter last year. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS and its Q4 2026 guidance at 0.240-0.250 EPS. As a group, sell-side analysts predict that PagerDuty will post -0.27 EPS for the current year.

Insider Activity at PagerDuty

In related news, Director Dan Alexandru Solomon sold 266,667 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the transaction, the director directly owned 2,389,665 shares of the company’s stock, valued at approximately $31,902,027.75. The trade was a 10.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 8.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of PagerDuty by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 13,066,929 shares of the company’s stock worth $171,307,000 after buying an additional 472,975 shares during the period. ARK Investment Management LLC lifted its position in PagerDuty by 2.6% during the 3rd quarter. ARK Investment Management LLC now owns 8,827,404 shares of the company’s stock worth $145,829,000 after acquiring an additional 224,769 shares during the last quarter. Geode Capital Management LLC boosted its holdings in PagerDuty by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 2,113,117 shares of the company’s stock valued at $27,708,000 after acquiring an additional 58,881 shares during the period. Ameriprise Financial Inc. grew its position in shares of PagerDuty by 333.2% in the third quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock valued at $23,961,000 after purchasing an additional 1,115,577 shares during the last quarter. Finally, Millennium Management LLC increased its stake in shares of PagerDuty by 55.4% in the first quarter. Millennium Management LLC now owns 1,005,111 shares of the company’s stock worth $18,363,000 after purchasing an additional 358,347 shares during the period. Institutional investors and hedge funds own 97.26% of the company’s stock.

About PagerDuty

PagerDuty, Inc engages in the operation of a digital operations management platform in the United States and internationally. The company’s digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage machine learning to correlate, process, and predict opportunities and issues. Its platform includes PagerDuty Incident Management that provides a real-time view across the status of a digital service while incorporating noise reduction to remove false positives; AIOps that applies machine learning to correlate and automate the identification of incidents from billions of events; Process Automation offers centralized design time and run time environment for orchestrating automated workflows that span across departments, technologies, and networks; Customer Service Operations, which is offered to orchestrate, automate, and scale responses to customer impacting issues.